KONTAN.CO.ID - NEW YORK. Oil prices rose on Wednesday in volatile trading on concerns that the United States will not consider additional concessions to Iran in its response to a draft agreement that would restore Tehran's nuclear deal, and potentially the OPEC member's crude exports. Iran said it had received a response from the United States to the EU's "final" text for revival of Tehran's 2015 nuclear deal with major powers. Brent crude rose by 40 cents to $100.62 a barrel by 12:57 p.m. EDT (1447 GMT). U.S. crude rose 56 cents to $94.30 a barrel. Both benchmarks fell by more than $1 earlier in the session.
Oil Rises on U.S. Response to Iran Nuclear Deal Comments
KONTAN.CO.ID - NEW YORK. Oil prices rose on Wednesday in volatile trading on concerns that the United States will not consider additional concessions to Iran in its response to a draft agreement that would restore Tehran's nuclear deal, and potentially the OPEC member's crude exports. Iran said it had received a response from the United States to the EU's "final" text for revival of Tehran's 2015 nuclear deal with major powers. Brent crude rose by 40 cents to $100.62 a barrel by 12:57 p.m. EDT (1447 GMT). U.S. crude rose 56 cents to $94.30 a barrel. Both benchmarks fell by more than $1 earlier in the session.